02 / Breakout and retest

A close through a prior high, then a hold

A close through a prior high on Solana daily, then a hold above it. Educational only.

Educational examples — not a trade Josh took, not a signal

Stepped white and ice-blue blocks forming a rising landscape, an unlabeled picture of market structure.
Illustration of the idea, not a market chart and not a result.

SOL/USD · daily · 2025-06-25 to 2025-08-01. Data: Kraken public OHLC API. Fills, fees and slippage are not known from these bars. Hypothetical study figures on this page are untested.

SOL/USD daily educational chart, 2025-06-25 to 2025-08-01.
SOL/USD daily from 2025-06-25 to 2025-08-01. Educational example, not a signal. Source: Kraken public OHLC API.

The full write-up, including the hypothetical study logic and what happened afterwards, is on the technical examples page. The published facts for this chart are:

Published facts for this example
priorHigh168.6
break.date2025-07-16
break.o164
break.h175.93
break.l161.64
break.c173.84
retest.date2025-07-17
retest.o173.73
retest.h178.25
retest.l168.87
retest.c175.97
after8High206.39
after8Low173.36
after8End.date2025-07-25
after8End.c186.78
Josh teaching in front of a simple unlabeled candlestick chart.

Josh explains

A walkthrough of this example

This is narration of the published facts on this page. It does not add new numbers, and it is not a signal.

  1. Josh pointing as he explains an idea.

    Step 1

    What the chart is showing

    Solana daily, mid-2025: a prior high near $168.60, a 16 July session that closes through it, and a 17 July retest that stays above that old high and closes higher. The published after-high in this window is $206.39. That’s a close-through-then-hold picture, not a forecast.

  2. Josh explaining with open hands.

    Step 2

    How to read it as a student

    Separate the events: the close through the prior high, the next day’s test, and whatever followed. A study that treats the close as “interest” would still have to name invalidation and admit the close is not a known fill.

  3. Josh holding up a caution hand.

    Step 3

    What to keep honest

    I did not take this trade, and this page is not a signal. A later high in the window is a description of what price did afterward, not evidence the pattern has an edge.

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Occasional notes about this public lab — new pages and implementation notes. Not signals, not a membership account, and not an application.

Education only, not financial advice. This is a personal record of one trader’s decisions, including the mistakes. Trading crypto carries a real risk of losing money. Full disclaimer.